Kapitus
120 West 45th Street, New York, 10036, United States
Overview
Kapitus is a NYC-based provider of financing for small and medium-sized businesses, operating both as a direct lender and a marketplace. The company and its network of financing partners offer term loans, sales-based financing, SBA loans, equipment leases, and revolving lines of credit. Kapitus has provided over $6 billion in growth capital to almost 55,000 small businesses. It closed a $45M investment-grade corporate note financing, bringing total debt facilities to $585M. Proceeds will be used to expand its portfolio of financing products and to make further technology investments in its funding platform. The business is led by CEO Andrew Reiser and CFO Anthony Rose. Kapitus provides individualized small-business financing as both a direct lender and a marketplace, offering term loans, sales-based financing, SBA loans, equipment leases and revolving lines of credit. Founded in 2006, the company has provided over $4 billion in growth capital to more than 50,000 small businesses. Kapitus reported its highest funding volume in its 16-year history in 2021 and says growth has continued in 2022 with record application and funding volume each month. The company has expanded operations globally, opening an administrative office in India. Kapitus also runs programs to support small businesses, including the Building Resilient Businesses Initiative which will award $250,000 in grants. Its recent increase in funding capacity is intended to expand its ability to finance small-business growth. Strategic Funding Source provides direct financing—loans and cash advances—to small and midsize businesses, combining advanced technology with industry experience and human insight. Since its founding in 2006 and headquartered in New York City, the company has financed approximately $700 million and served thousands of small-business clients across the U.S. and Australia. It maintains regional offices in Virginia, Washington state, and Florida. The company plans to use new capital to continue rapid growth, enhance its technology, and deliver more capital to small businesses both in the U.S. and internationally. Management will continue to hold a significant ownership stake following the transaction.
- Total raised
- $250M
- Funding rounds
- 3
- Latest round
- Debt Financing
- Latest activity
- Jun 2024
Industries
- Finance
- Financial Services
- FinTech
- Lending
- Small and Medium Businesses
Recent funding
Debt Financing
Jun 2024
$45M
Debt Financing
Aug 2022
$95M
Equity
Sep 2014
$110M